Latest Posts
Incoterms® Explained – The Complete Guide
Last updated on September 15, 2018 by Ben ThompsonIncoterms® play such a vital part in global trade. Incoterms® 2010 or Incoterms® 2018 can seem to be confusing at first. But, buyers and sellers must clearly understand how they work and their obligations along the supply chain. In this article we provide simple explanations along with an Incoterms® infographic to explain Incoterms®.
Understand shipping container sizes & specifications and shipping methods
Last updated on September 13, 2018 by Ben ThompsonThere are 4 modes of transport along the International Supply Chain. Goods can be transported via Sea, Air, Road or Rail. Multiple modes of transport will most likely be used for 1 single shipment to get products delivered to International locations.
Learn the Export Documentation required for the Import / Export process.
Last updated on September 12, 2018 by Ben ThompsonExport documentation is essential to get products shipped along the import export supply chain. There are many important sales and shipping documents that must be used.
The HS Code and HTS code for Global Trade Explained
Last updated on September 11, 2018 by Ben ThompsonA HS code or HTS code plays such a vital role in International trade. However, the system of codes and jargon involved around the these codes can make it difficult to classify and understand. In this article we explain the common terms that are used throughout the customs clearance process so that shippers can meet…
5 Tips For Better Sourcing Suppliers from Alibaba
Last updated on September 10, 2018 by Ben ThompsonSourcing suppliers from online marketplaces like Alibaba can be a quick and cheap option for your business. However, you must know what to look for and what to avoid.
The SOLAS VGM regulations explained
Last updated on September 8, 2018 by Ben ThompsonThe SOLAS VGM is a strict global regulation enforced by the International Marine Organization (IMO). The SOLAS regulations were updated to ensure that shipper’s correctly declare the total verified gross mass of shipping containers ready for export.
Create and Download a Commercial Invoice template for Export
Last updated on September 7, 2018 by Ben ThompsonFirst, a Commercial Invoice document is an important trade document used in Global Trade. When products ship internationally, the shipper will have to provide the buyer with a Commercial Invoice document. The buyer (importer) will use this invoice and other shipping documents to get the products cleared through customs in the country of import. In…
How to Create and Download a Packing List for Export Shipments
Last updated on September 6, 2018 by Ben ThompsonWhat is an Export Packing List Document? An export packing list is a detailed document that states all of the product and packaging details contained in each shipment. Shippers must create a compliant packing list document to share to freight forwarders, shipping lines, importers and other parties along the supply chain. In this article we…
How to create Proforma Invoice and Purchase Order Documents for Export
Last updated on September 5, 2018 by Ben ThompsonFirst, a Proforma Invoice document is an important document that the seller of goods creates and shares to their buyer. When the buyer and seller have communicated the details of the products they want to order, the seller will create a Proforma Invoice document to to confirm the new order.
Create and Download a Shipper’s Letters of Instruction Document
Last updated on September 4, 2018 by Ben ThompsonA Shipper’s Letter of Instruction (SLI) is an essential legal document/contract created between the shipper and the freight forwarder (or 3rd party) that is organizing the export of a shipment. It is a detailed document used in International trade that provides logistics instructions relating the the export of a shipment.